STI up 1.1% on further easing of Covid-19 restrictions
Analysts note that mobility, leisure, tourism, commercial and Reit plays could see stronger investor interest.
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SINGAPORE stocks were up on Thursday (March 24) after the government announced loosened Covid-19 restrictions.
The Straits Times Index (STI) climbed 1.1 per cent or 35.44 to close at 3,399.70. Across the wider market, 1.86 billion shares worth S$1.65 billion were traded, with gainers beating losers 297 to 165.
In a flash report, Citi analysts said that the news should revive investor excitement in so-called "reopening plays" after the government announced the easing of Covid-19 restrictions.
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